In this case, the Estimate to Complete will help you calculate your savings. So the Estimate to Complete (etc) is a forecasting tool in project management that tells you the expected amount of money that will be spent to complete the remaining part of the project.
The Asian financial crisis, which spread from Thailand to other countries in the region during the second half of 1997, plunged the countries affected into deep recessions that brought rising unemployment, poverty, and social dislocation.he outbreak, spread, and persistence of the crisis also challenged some basic assumptions: the countries most strongly affected were tiger economies that had few of the weaknesses usually associated with countries that turn to the IMF for help.
In several countries, governments became ensnared by the problems of the banking sector when troubled banks started turning to them for help.The high cost of bank rescues led financial markets to question whether governments could really afford to support the banking sector. Yet a number of countries that had kept to EU rules by running low annual deficits or even surpluses nevertheless found themselves in financial difficulties during the global financial crisis because of high levels of debt. 2  Therefore, stricter monitoring of this indicator was needed.